Economy Watch: Three indicators spell trouble for the recovery

Frank Ahrens Washington Post 2/28/2010

…In economics, however, three data points can tell you something. Consider three events last week:

— On Wednesday, the Commerce Department reported that January new-home sales dropped 11.2 percent from December, plunging to their lowest level in nearly 50 years.

— On Tuesday, the Conference Board reported that February consumer […]